EITEX vs. WAEMX
Compare and contrast key facts about Parametric Tax-Managed Emerging Markets Fund (EITEX) and Wasatch Emerging Markets Small Cap Fund (WAEMX).
EITEX is managed by BlackRock. It was launched on Jun 29, 1998. WAEMX is managed by Wasatch. It was launched on Sep 30, 2007.
Performance
EITEX vs. WAEMX - Performance Comparison
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EITEX vs. WAEMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EITEX Parametric Tax-Managed Emerging Markets Fund | 1.05% | 28.58% | 4.67% | 10.69% | -12.11% | 4.47% | 4.51% | 12.51% | -13.20% | 27.10% |
WAEMX Wasatch Emerging Markets Small Cap Fund | 2.94% | 5.85% | -2.21% | 21.20% | -38.76% | 30.16% | 32.79% | 27.45% | -18.97% | 38.20% |
Returns By Period
In the year-to-date period, EITEX achieves a 1.05% return, which is significantly lower than WAEMX's 2.94% return. Both investments have delivered pretty close results over the past 10 years, with EITEX having a 6.47% annualized return and WAEMX not far ahead at 6.51%.
EITEX
- 1D
- -0.37%
- 1M
- -9.31%
- YTD
- 1.05%
- 6M
- 5.36%
- 1Y
- 26.04%
- 3Y*
- 13.39%
- 5Y*
- 6.30%
- 10Y*
- 6.47%
WAEMX
- 1D
- -1.69%
- 1M
- -7.41%
- YTD
- 2.94%
- 6M
- 8.97%
- 1Y
- 19.69%
- 3Y*
- 6.27%
- 5Y*
- -0.05%
- 10Y*
- 6.51%
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EITEX vs. WAEMX - Expense Ratio Comparison
EITEX has a 0.96% expense ratio, which is lower than WAEMX's 1.91% expense ratio.
Return for Risk
EITEX vs. WAEMX — Risk / Return Rank
EITEX
WAEMX
EITEX vs. WAEMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parametric Tax-Managed Emerging Markets Fund (EITEX) and Wasatch Emerging Markets Small Cap Fund (WAEMX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| EITEX | WAEMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.09 | 1.15 | +0.93 |
Sortino ratioReturn per unit of downside risk | 2.65 | 1.69 | +0.97 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.22 | +0.21 |
Calmar ratioReturn relative to maximum drawdown | 2.45 | 1.81 | +0.64 |
Martin ratioReturn relative to average drawdown | 9.50 | 6.48 | +3.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EITEX | WAEMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.09 | 1.15 | +0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | -0.00 | +0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.36 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.25 | +0.26 |
Correlation
The correlation between EITEX and WAEMX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
EITEX vs. WAEMX - Dividend Comparison
EITEX's dividend yield for the trailing twelve months is around 4.72%, less than WAEMX's 68.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EITEX Parametric Tax-Managed Emerging Markets Fund | 4.72% | 4.77% | 4.58% | 5.85% | 10.39% | 9.72% | 1.79% | 2.63% | 2.26% | 1.80% | 1.67% | 2.11% |
WAEMX Wasatch Emerging Markets Small Cap Fund | 68.39% | 70.40% | 6.49% | 0.00% | 3.32% | 6.03% | 7.15% | 5.82% | 12.81% | 0.00% | 0.00% | 0.02% |
Drawdowns
EITEX vs. WAEMX - Drawdown Comparison
The maximum EITEX drawdown since its inception was -61.70%, smaller than the maximum WAEMX drawdown of -66.35%. Use the drawdown chart below to compare losses from any high point for EITEX and WAEMX.
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Drawdown Indicators
| EITEX | WAEMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.70% | -66.35% | +4.65% |
Max Drawdown (1Y)Largest decline over 1 year | -9.88% | -9.38% | -0.50% |
Max Drawdown (5Y)Largest decline over 5 years | -25.99% | -44.88% | +18.89% |
Max Drawdown (10Y)Largest decline over 10 years | -43.10% | -44.88% | +1.78% |
Current DrawdownCurrent decline from peak | -9.88% | -23.84% | +13.96% |
Average DrawdownAverage peak-to-trough decline | -14.00% | -16.87% | +2.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 2.61% | -0.06% |
Volatility
EITEX vs. WAEMX - Volatility Comparison
The current volatility for Parametric Tax-Managed Emerging Markets Fund (EITEX) is 5.60%, while Wasatch Emerging Markets Small Cap Fund (WAEMX) has a volatility of 7.10%. This indicates that EITEX experiences smaller price fluctuations and is considered to be less risky than WAEMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EITEX | WAEMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 7.10% | -1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 8.76% | 12.17% | -3.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.26% | 16.78% | -4.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.05% | 17.40% | -5.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.68% | 17.93% | -4.25% |